Bitcoin traders express optimism even as BTC price targets shift lower
Bitcoin traders say “the bottom is in” even as BTC price retests the 200-day moving average and threatens to descend lower.
Bitcoin traders say “the bottom is in” even as BTC price retests the 200-day moving average and threatens to descend lower.
Original source
Read on CointelegraphRelated market context
Standard Chartered Says Bitcoin Bottomed Near $59,000 As Crypto Winter Ends
TL;DR Standard Chartered’s Geoffrey Kendrick reportedly says Bitcoin’s $59,000 area marked the cycle bottom. The note cites SpaceX...
Kraken Prepares CFTC-Regulated Perpetual Futures Launch For US Traders
TL;DR Kraken says it plans to launch CFTC-regulated perpetual futures for eligible US traders within 30 days. Contracts will be li...
SEC targets 20-year-old rule standing between Wall Street and blockchain trading
The Securities and Exchange Commission (SEC) is moving to dismantle a stock-trading rule that has governed Wall Street for two dec...
Bitcoin price faces new risk as big buyers lose conviction
Bitcoin’s largest buyers are no longer behaving like a reliable backstop for the largest cryptocurrency. The exchange-traded funds...
Bitcoin faces one of its biggest mining difficulty drops as miner margins collapse
The Bitcoin network is poised to execute one of the largest downward adjustments to its mining difficulty in its 17-year history t...
Switzerland’s World Cup stumble highlights growing gap between major sports events and crypto engagement
The diminishing crypto presence at major sports events may signal a shift in sponsorship dynamics and fan engagement strategies. T...